Vocabulary: Chain of Title

Chain of Title.png
Chain of Title.png

Vocabulary: Chain of Title

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๐Ÿก Real Estate Vocabulary: Chain of Title ๐Ÿ“œ

When buying a home, it's crucial to know who owned it before you! The Chain of Title is a legal document that lists the history of ownership of a property.

๐Ÿ”Ž Why is this important?
โœ”๏ธ Ensures the seller has the legal right to sell the property
โœ”๏ธ Helps identify any liens or claims against the home
โœ”๏ธ Confirms a clear title before closing

Buyers typically receive a preliminary title report from an escrow officer or attorney shortly after an offer is accepted. This ensures the title is clean and ready for transfer.

Thinking about buying a home? Letโ€™s make sure your title is clear before you close! ๐Ÿ’™๐Ÿก

#RealEstateTips #TitleSearch #HomeBuying #BHGRE #WostalRealty

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